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Moshkelgosha

Time cycle in Gold..!

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Emas Semerta / Dolar A.S. (FX:XAUUSD)  
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FX:XAUUSD   Emas Semerta / Dolar A.S.
Trend Analysis Support and Resistance
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trendanalysis supportandresistance
Interestingly, every 40 weeks (+/-4) Gold has completed a cycle of a motive and correction wave. And at the end of these cycles touched 50 EMA each time.
So I believe we could be at the early stages of a new motive wave, and we should keep eyes on miners stock.
Komen:
Bounced backed perfectly as predicted..!
With Biden’s plan to increase federal minimum wage from 7.25 to 15, there will be sensible inflation and it will push Gold price further.
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